US Treasury trims 84 people, firms from its sanctions list as review continues

By Andrea Shalal

WASHINGTON, July 27 (Reuters) – The U.S. Treasury on Monday purged another 84 companies and people from its 17,000-plus sanctions lists as part of a broader push to streamline sanctions programs and make it easier for banks to go after the most serious terrorist financing schemes.

U.S. Treasury Secretary Scott Bessent in May launched a major review of its sanctions programs and lists to remove outdated entries and ease compliance burdens on financial institutions, later announcing the removal of 76 outdated targets.

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